CNN on Inflation Numbers: ‘Look, It Didn’t Get Worse … But This Is a Still Very Hot, Near 40-Year High for Inflation’

EXCERPT:

ROMANS: "Look, it didn’t get worse and that is what a lot of people were really zeroing in on here. Inflation in the month up 8.5 percent year-over-year in July. In June, it was 9.1 percent. So, that’s that sign of cooling in this still hot inflation. I think you can say the boil is off, but this is a still very hot near 40-year high for inflation."